Phil Doherty News

The Board of Directors of Maritrans Inc. has appointed Philip J. Doherty to chief executive officer effective April 1, 2003. Stephen A. Van Dyck, former chief executive officer, will continue to be employed by the company as chairman of Maritrans Inc. Stephen A. Van Dyck, chairman of the board of directors, commented, "I am proud to have served as the leader of Maritrans and its predecessors for over 28 years. We have achieved a strong reputation with our customers and the confidence of our investors and stakeholders. We have an innovative fleet renewal program and a safety record that has been honored repeatedly by the United States Coast Guard. It is satisfying and exciting to be passing leadership of this respected company to Phil Doherty.

For the past 75 years, Maritrans has maintained a high level of customer satisfaction due to its constant vigilance regarding safety and performance. In order to instill and maintain these efforts, the company has always been quick to pursue individuals who can maintain this level of excellence. Most recently with Phil Doherty, who took over the head post at the Tampa, Fla.-based company this past April 1, 2003. No April Fool's joke here, as Doherty, who credits his passion and commitment to Maritrans and the offshore industry, has big plans for the tug and tanker company - the fate of which now lies within his hands. While Maritrans' business platform may have begun on its 75-year traditions, the company has never balked at the opportunity to embrace new technology.